Trading Calls for 31Jan07

Nifty: 4124.45 -23.25 Points Sensex: 14211.96 -70.76 Points

FII Activity:

Cash Segment: 110.24 crores net buyers
Index Futures: 588.81 crores net sellers
Stock futures: 157.65 crores net sellers

Advance Decline ratio: 449:557

Outlook for 31 Jan 07:

The markets traded with low volumes on 29Jan07 due to the long week end and also there was no trading on 30Jan07. I expect the markets to be trading with good volumes from today. The worrying factor is the FII figures, which agian shows huge selling in Nifty futures and continued selling in stock futures. The Nifty should take support at 4116 and 4100 and should face resistance at 4140 and 4168.

Futures Trading Calls:

Buy Alok Industries above 73.00 for target 75.00
Buy Ashok Leyland above 49.00 for target 51.50 and 53.00
Buy IDBI above 105.50 for target 109.00
Buy NTPC above 145.00 for target 147.70 and 153.00

Sell Gujarat Ambuja Cementat current levels for target 132.00 and 130.00

Cash Calls:

Buy Bhagyanagar India Ltd above 42.00 for target 56.00

Hold your long positions in (Price in brackets represents stop loss):
CNX IT(5495.00), Nifty Futures(4064.00), Divis Lab(3075.00), IVRCL(390.00), Jet Airways (720.00), Maharastra Seamless(500.50), Orchid Chem(202.00), Polaris(217.00), REL(499.00), Relaince Industires(1355.00), TCS(1284.00) and Wipro(609.00).

Hold your short positions in (Price in brackets represents stoploss):
Ultratech Cement(1125.00)

Pease note that if no prices are mentioned in brackets then there is no stop loss reqiured currently. Stop losses would be provided at appropiate levels. Keep checking the stoplosses. It is updated everyday.

Disclaimer: The recommendations provided would be purely on my personal opinion and doesnot reflect any fund house interest or my personal holdings. I would not be responsible for the loss in trades undertaken based on my recommendations.

Trading Calls for 29Jan07

Nifty: 4147.70 +57.80 Points Sensex: 14282.72 +172.26 Points

FII Activity:
Cash Segment: 217.86 crores net buyers
Index Futures: 270.25 crores net sellers
Stock futures: 143.69 crores net sellers

Advance Decline ratio: 582:421

Outlook for 29 Jan 07:
Today will be the first day of new contract month and the momentum is on the upper side. The opening will be positive. The worrying factor is the continuous selling seen by FIIs in the stock futures. Use all the higher levels to exit longs only. Donot build huge positions at these levels. Buy in small quantities only. Steel stocks are looking hot.

Futures Trading Calls:

Buy Escorts if sustains above 121.50 for target 134 with stoploss 111
Buy HPCL above 326 with stoploss 308
Buy Jindal Steel and Power above 2375
Buy Tata steel if sustains above 523 for target 536

Cash Calls:

Buy Escorts if sustains above 120 for target 134 with stoploss 111
Buy Jindal Steel and Power if sustains above 2352
Buy Tata steel if sustains above 517 for target 532

Hold your long positions in (Price in brackets represents stop loss):
CNX IT(5495.00), Nifty Futures(4064.00), Divis Lab, IVRCL(390.00), Jet Airways (720.00), Maharastra Seamless(500.50), Orchid Chem(202.00), Polaris(206.00), REL(499.00), Relaince Industires(1355.00), TCS(1258.00) and Wipro(609.00).

Hold your short positions in (Price in brackets represents stoploss):
GNFC(108.00) and Ultratech Cement(1125.00)

Pease note that if no prices are mentioned in brackets then there is no stop loss reqiured currently. Stop losses would be provided at appropiate levels. Keep checking the stoplosses. It is updated everyday.

Disclaimer: The recommendations provided would be purely on my personal opinion and doesnot reflect any fund house interest or my personal holdings. I would not be responsible for the loss in trades undertaken based on my recommendations.

Trading calls for 25Jan07

Nifty: 4089.90 +23.80 Points Sensex: 14110.46 +69.22 Points

FII Activity:
Cash Segment: 159.48 crores net buyers
Index Futures: 194.08 crores net buyers
Stock futures: 255.27 crores net sellers

Advance Decline ratio: 480:505

Outlook for 25 Jan 07:
The markets have gone up with negative advance decline ratio. The world markets are positive and that will help our markets open in the positive today. The Nifty might take support at 4070 and 4046. 4104 is the crutial level and above this Nifty might face resistance at 4116 and 4138.

Futures Trading Calls:

Avoid trading in futures today as it is the expiry day of January contracts and the market will be very volatile.

Sell century Textiles February future contracts if trades below 702 for target 670.

Cash Calls:

Buy Aptech above 188 with stoploss 172 for target 215.
Buy BEL above 1405 with stoploss 1365 for target 1465.
Buy Easun reyrol if sustains above 680 with stoploss 620 for target 780.
Buy Essar steel if sustains above 50 with stoploss 44.50 for target 57.
Buy IDFC above 99.50 with stoploss 93 for target 107.
Buy SAIL above 107 with stoploss 96.50
Buy United Spirits above 879 with stoploss 830 for target 900 and above.

Hold your long positions in (Price in brackets represents stop loss):
CNX IT(5495.00), Nifty Futures(4064.00), Divis Lab, IVRCL(390.00), Jet Airways (720.00), Maharastra Seamless(500.50), Orchid Chem(202.00), Polaris(206.00), REL(499.00), Relaince Industires(1355.00), TCS(1258.00) and Wipro(609.00).

Hold your short positions in (Price in brackets represents stoploss):
GNFC(108.00) and Ultratech Cement(1125.00)

Pease note that if no prices are mentioned in brackets then there is no stop loss reqiured currently. Stop losses would be provided at appropiate levels. Keep checking the stoplosses. It is updated everyday.

Disclaimer: The recommendations provided would be purely on my personal opinion and doesnot reflect any fund house interest or my personal holdings. I would not be responsible for the loss in trades undertaken based on my recommendations.

Trading Calls for 24Jan07

NSE : 4066.10 -36.35 points BSE: 14041.24 -168.00

FII Activity:
Cash Segment : 126.71 crores net buyers
Index Futures : 30.74 crores net buyers
Stock Futures : 510.31 crores net sellers

Advance Decline Ratio : 269:733

Outlook for 24Jan07:

Markets came down significantly today. FIIs are continously selling stock futures which means that there is a definate correction round the corner. However, Nifty has a strong support base of 4046-4040. If this is broken decisivley then it might come down to 4004. On the higher side it might face resistance at 4101 and 4140.

Futures trading calls:

Sell Aurobindo Pharma below 699.00 for target 687 and 670
Sell Bank Of India below 195 for target 190

Buy Orchid Chemicalsat current levels for target 236.00

Cash Calls:

Buy KPIT Cummins above 159.50
Buy Trigyn Technologies above 31.75
Buy RNRL above 27.75 with stoploss 24.50 for target 34 and 41

Hold your long positions in (Price in brackets represents stop loss):
CNX IT(5495.00), Nifty Futures, Divis Lab(3070.00), Federal Bank(250.00), IVRCL, Jet Airways, Maharastra Seamless(500.50), Orchid Chem(202.00), Polaris(201.00), Relaince Industires, Relaince Energy, TCS(1258.00) and Wipro(609.00).

Hold your short positions in (Price in brackets represents stoploss):
GNFC and Ultratech Cement.

Disclaimer: The recommendations provided would be purely on my personal opinion and doesnot reflect any fund house interest or my personal holdings. I would not be responsible for the loss in trades undertaken based on my recommendations.

Trading Calls for 23Jan07

Nifty: 4102.45 +12.30 Points Sensex: 14209.24 +26.53 Points

FII Activity:
Cash Segment: 217.76 crores net buyers
Index Futures: 288.24 crores net buyers
Stock futures: 84.86 crores net sellers

Advance Decline ratio: 474:526

Outlook for 23 Jan 07:
Mid cap Pharma stocks are looking good. Looks like the markets will rally further up today. Be cautious at every higher level. The world markets are trading weak. The Nifty will take support at 4068 and has a strong support at 4040-4045 levels. It might face resistance at 4140 and 4185.

Futures Trading Calls:

Buy Infosys if sustains above 2270.00
Buy ITC if sustains above 179.50
Buy Jet Airways at current levels. This time it is all set to touch the 920 levels.
Buy Reliance energy at current levels with strict stop loss 499.

Cash Calls:

Buy Elder Pharma if sustains above 434.00
Buy Glenmark Pharma if sustains above 670.00
Buy Jet Airways at current levels. This time it is all set to touch the 920 levels.

Hold your long positions in (Price in brackets represents stop loss):CNX IT(5495.00), Nifty Futures, Divis Lab, Federal Bank(250.00), IVRCL, Maharastra Seamless(500.50), Orchid Chem(202.00), Polaris(201.00), Relaince Industires, TCS(1258.00) and Wipro(609.00).

Hold your short positions in (Price in brackets represents stoploss):
GNFC and Ultratech Cement.

Pease note that if no prices are mentioned in brackets then there is no stop loss reqiured currently. Stop losses would be provided at appropiate levels. Keep checking the stoplosses. It is updated everyday.

Disclaimer: The recommendations provided would be purely on my personal opinion and doesnot reflect any fund house interest or my personal holdings. I would not be responsible for the loss in trades undertaken based on my recommendations.

Trading Calls for 22Jan07

Nifty: 4090.15 -18.90 Points Sensex: 14182.71 -35.04 Points

FII Activity:
Cash Segment: 125.19 crores net buyers
Index Futures: 553.13 crores net sellers
Stock futures: 90.97 crores net sellers

Advance Decline ratio: 303:703

Outlook for 22 Jan 07:
The markets are still not looking very confident. Looks like there will be some correction before it starts moving up again. Most of the giants have already announced their results except for SBI and ONGC. For today the Nifty will take support at 4070-4040 and might find resistance at 4101-4140.

Futures Trading Calls:

Buy IVRCL if sustains above 411.00
Buy MTNL if sustains above 173.00
Buy Zee Tele if sustains above 300.50 for target 308 and above

Cash Calls:

Buy Adhunik Metalinks above 41.50 for target 49.00
Buy Astra Microwave products above 184.00 for target 194.00 and 216.00
Buy MTNL if sustains above 173.00
Buy Teledata Infomatics at current levels for target 41.00

Hold your long positions in (Price in brackets represents stop loss):CNX IT(5495.00), Nifty Futures, Divis Lab, Federal Bank(244.00), Maharastra Seamless(500.50), Orchid Chem(202.00), Polaris(201.00), Relaince Industires, TCS(1258.00) and Wipro.

Hold your short positions in (Price in brackets represents stoploss):
Ultratech Cement

Pease note that if no prices are mentioned in brackets then there is no stop loss reqiured currently. Stop losses would be provided at appropiate levels. Keep checking the stoplosses. It is updated everyday.

Disclaimer: The recommendations provided would be purely on my personal opinion and doesnot reflect any fund house interest or my personal holdings. I would not be responsible for the loss in trades undertaken based on my recommendations.

Trading Calls for 18Jan07

Nifty: 4109.05 +32.60 Points Sensex: 14217.75 +86.41 Points

FII Activity:
Cash Segment: Not available
Index Futures: Not available
Stock futures: Not available

Advance Decline ratio: 474:525

Outlook for 19 Jan 07:
Something is cooking in this market. I am not very confident of this market going up any further. Be cautious and hold cash in hand. Limit your exposure in this market. For today the Nifty will take support at 4100-4068-4044 and might find resistance at 4140-4170-4190.

Futures Trading Calls:

Buy Sun TV above 1655.00

Sell GNFC below 107.00
Sell Ultratech cement below 1124.00

Cash Calls:

Buy Eastern Silk Industries above 366.00
Buy Texmaco above 1391.00 with stoploss 1287.00
Buy Gujarat Ambuja Exports Ltd at current levels for target 40 and above
Buy Nector Lifesciences at current levels for target 217.00
Buy Rolta at current levels with stoploss 317.00
Buy Tourism Finance at current levels for target 21.70 abd 24.50

Hold your long positions in (Price in brackets is the stop loss):
CNX IT, Nifty Futures, Divis Lab, Federal Bank(225.00), Maharastra Seamless, Orchid Chem(196.00), Polaris(181.00), Relaince Industires, TCS(1205.00) and Wipro.

Pease note that if no prices are mentioned in brackets then there is no stop loss reqiured currently. Stop losses would be provided at appropiate levels. Keep checking the stoplosses. It is updated everyday.

Disclaimer: The recommendations provided would be purely on my personal opinion and doesnot reflect any fund house interest or my personal holdings. I would not be responsible for the loss in trades undertaken based on my recommendations.

Trading calls for 18jan07

Nifty: 4076.45 -4.05 Points Sensex: 14131.34 +16.61 Points

FII Activity:
Cash Segment: 11.87 crores net buyers
Index Futures: 50.28 crores net sellers
Stock futures: 127.07 crores net sellers

Advance Decline ratio: 588:412

Outlook for 18 Jan 07:
The markets are trading with low volumes and in a narrow range. Looks like there is something waiting to happen. For thursday the Nifty will take support at 4062 and 4042. It will face resistance at 4101 and 4125.

Futures Trading Calls:
Buy BEL above 1345.00
Buy Iflex above 2201.00
Buy Divis lab above 3125.00

Sell Sterlite below 520.00 for target 500.00 and if sustains below can go down till 440.00

Cash Calls:

Buy Bharti Shipyard at current levels for target 455.00
Buy Genius Overseas Electronics at current levels for target 271.00
Buy Kernex Microsystems at current levels for target 217.00 and 225.00

Hold your long positions in (Price in brackets is the stop loss):
CNX IT, Nifty Futures, Federal Bank(225.00), Maharastra Seamless, Orchid Chem(196.00), Polaris(181.00), Relaince Industires, TCS(1205.00) and Wipro.

Pease note that if no prices are mentioned in brackets then there is no stop loss reqiured currently. Stop losses would be provided at appropiate levels. Keep checking the stoplosses. It is updated everyday.

Disclaimer: The recommendations provided would be purely on my personal opinion and doesnot reflect any fund house interest or my personal holdings. I would not be responsible for the loss in trades undertaken based on my recommendations.

Trading Calls for 17Jan07

Nifty: 4080.50 +2.10 Points Sensex: 14114.73 -14.91 Points

FII Activity:
Cash Segment: 190.08 crores net buyers
Index Futures: 101.67 crores net buyers
Stock futures: 134.25 crores net sellers

Advance Decline ratio: 482:517

Outlook for 17 Jan 07:
There was not much activity in the markets yesterday. The indicies traded in a narrow range. For wednesday the Nifty will take support at 4042 and 4017. It will face resistance at 4125 and 4159.

Futures Trading Calls:

Buy Arvind Mills at current levels for target 65.00
Buy Aurobindo Pharma above 770.00 for target 800.00
Buy MRPL at current levels for target 52.00 with stoploss 44.50

Cash Calls:

Buy Accel Frontline above 83.75
Buy Manali petro above 11.60 for target 13.70 and 15.30
Buy Allsec Technologies above 343.00
Buy Kesoram Ind above 610.00
Buy Xpro India above 53.00 for target 65.00
Buy 3I Infotech at current levels with stoploss 240.00

Hold your long positions in (Price in brackets is the stop loss):
CNX IT, Nifty Futures, Federal Bank(225.00), Maharastra Seamless, Orchid Chem(196.00), Polaris(181.00), Relaince Industires, TCS(1205.00) and Wipro.

Pease note that if no prices are mentioned in brackets then there is no stop loss reqiured currently. Stop losses would be provided at appropiate levels. Keep checking the stoplosses. It is updated everyday.

Disclaimer: The recommendations provided would be purely on my personal opinion and doesnot reflect any fund house interest or my personal holdings. I would not be responsible for the loss in trades undertaken based on my recommendations.

Trading Calls for 16Jan07

Nifty: 4078.40 +25.95 Points Sensex: 14129.64 +73.11 Points

FII Activity:
Cash Segment: 304.04 crores net buyers
Index Futures: 526.88 crores net buyers
Stock futures: 153.08 crores net sellers

Advance Decline ratio: 637:359

Outlook for 16 Jan 07:
Nifty is set up for a good up move from here. I expect Nifty to go up to 4200-4250 in the near future. Steel stocks are looking hot and also some midcap cement stocks. For Tuesday the Nifty will take support at 4042 and 4017. It will face resistance at 4130 and 4159.

Futures Trading Calls:

Buy HDFC Bank above 1115.00 for target 1150.00 with stoploss 1045.00
Buy IDBI at current levels for target 98.00
Buy SAIL above 102.15
Buy VSNL above 476.00 for target 510.00

Sell Maruti below 901.00 for target 876.00

Cash Calls:

Buy Financial tech above 1990 for target 2200
Buy RIIL above 600.00 for target 680.00
Buy BAG films at current levels for target 17.35 and above
Buy BSEL Infrastructure above 77.00 for target 95.00
Buy Ispat Industries at current levels for target 18.30
Buy Jindal saw at current levels for target 452.00
Buy Shivalik Global at current levels for target 48.00

Hold your long positions in (Price in brackets is the stop loss):
CNX IT, Nifty Futures, Federal Bank(225.00), Maharastra Seamless, Orchid Chem(196.00), Polaris(181.00), Relaince Industires, TCS(1205.00) and Wipro.

Pease note that if no prices are mentioned in brackets then there is no stop loss reqiured currently. Stop losses would be provided at appropiate levels. Keep checking the stoplosses. It is updated everyday.

Disclaimer: The recommendations provided would be purely on my personal opinion and doesnot reflect any fund house interest or my personal holdings. I would not be responsible for the loss in trades undertaken based on my recommendations.

Trading Calls for 15Jan07

Nifty: 4052.45 +110.20 Points Sensex: 14056.53 +425.82 Points

FII Activity:
Cash Segment: 396.62 crores net buyers
Index Futures: 918.61 crores net buyers
Stock futures: 85.49 crores net buyers

Advance Decline ratio: 689:311

Outlook for 12 Jan 07:
Friday’s move confirmed that the bull run is still intact. The indicies closed at the all time high levels. There is more upside left in these markets. The tech stocks are looking in very good shape. The Bank Nifty did not trade below the expected level of 5680 and reversed. For Monday the Nifty will face resistance at 4125 and 4152. It will take support at 4003 and 3980.

Futures Trading Calls:

Buy CNX IT above 5650.00
Buy Nifty futures above 4075.00
Buy Bharat Forge at current levels for target 390.00
Buy Bharti Airtel above 675.00
Buy Century textiles above 780.00
Buy Maharastra Seamless above 515.00
Buy MTNL above 167.00 for target 178.00
Buy Reliance Industries above 1360.00
Buy Wipro Ltd above 633.00

Cash Calls:

Buy Mukund Engineering at current levels for target 37 and above
Buy Rana Sugars at current levels for target 55
Buy Thermax Ltd above 416 for target 450
Buy Datamatics Techno above 70.50 for target 80.00

Hold your long positions in (Price in brackets is the stop loss):
Federal Bank(225.00), Orchid Chem(196.00), Polaris(181.00) and TCS(1205.00).

Hold your short positions in (Price in brackets is the stop loss):
Suzlon (1275.00).

Pease note that if no prices are mentioned in brackets then there is no stop loss reqiured currently. Stop losses would be provided at appropiate levels. Keep checking the stoplosses. It is updated everyday.

Disclaimer: The recommendations provided would be purely on my personal opinion and doesnot reflect any fund house interest or my personal holdings. I would not be responsible for the loss in trades undertaken based on my recommendations.

Outlook and trading calls for 12Jan07

Nifty: 3942.25 +91.95 Points Sensex: 13630.71 +268.55 Points

FII Activity:
Cash Segment: 24.66 crores net sellers
Index Futures: 1003.43 crores net buyers
Stock futures: 70.40 crores net buyers

Advance Decline ratio: 727:263

Outlook for 12 Jan 07:
Do not be fooled by yesterday’s up move. It was purely short covering. The larger market is still weak compared to midcap and small cap. Think to go long in Nifty only if it sustains above 3960.00 levels. It will take support at 3911, 3890 and far support at 3830. Above 3960 it will face resistance at 3983 and 4040.

Futures Trading Calls:

Buy ABB above 3605 for target 3780
Buy Federal Bank above 241.50
Buy GMR Infra above 360.00 for target 390.00
Buy HCL Tech above 613.50 for target 620 and 636
Buy India Cements above 237.40 for target 244.00
Buy NTPC above 140 for target 143.50 and 148.00
Buy Satyam above 493.00 for target 520.00
And the best of the lot is
Buy TCS above 1312.00 looking very good above this level.

Sell Corporation Bank below 304 for target 300 and if sustains below more downside left.
Sell Oriental Bank of Commerce below 209.50
Sell Reliance Industries with stoploss 1320 for target 1240

Cash Calls:

Buy Deccan Aviation above 161.60
Buy IDFC above 83.20
Buy Tech Mahindra above 1810.00
All the three are looking to enter into new territory.

Buy Cambridge solutions if sustains above 140.00 for target 151.00
Buy Mirza Intl above 197.30

Hold your long positions in (Price in brackets is the stop loss):
Orchid Chem(196.00) and Polaris(181.00).

Hold your short positions in (Price in brackets is the stop loss):
Suzlon (1275.00).

Pease note that if no prices are mentioned in brackets then there is no stop loss reqiured currently. Stop losses would be provided at appropiate levels. Keep checking the stoplosses. It is updated everyday.

Disclaimer: The recommendations provided would be purely on my personal opinion and doesnot reflect any fund house interest or my personal holdings. I would not be responsible for the loss in trades undertaken based on my recommendations.

Outlook and trading calls for 11Jan07

Nifty: 3850.30 -61.10 Points Sensex: 13362.16 -204.17 Points

FII Activity:
Cash Segment: 797.34 crores net sellers
Index Futures: 414.13 crores net sellers
Stock futures: 235.07 crores net sellers

Advance Decline ratio: 268:741

Outlook for 11 Jan 07:
Like yesterday’s outlook, today also the previous low of 3841.00 is crucial for intraday trend of the market. The Nifty will take support at 3810.00 and 3785.00 and will face resistance at 3893.00 and 3911.00 levels. There is a recovery possible in the afternoon today on account of Infosys results, global trend and short covering.

Futures Trading Calls:

Buy IDBI above 80.00 for target 85.00

Bank stocks are looking weak.
Sell Bank Nifty below 5680.00 for target 5500.00
Sell ABB below 3450 for target 3425 and 3365
Sell Bharti Airtel below 598 for target 589 and 570.

Cash Calls:

Buy Max India above 966 for target 1005 and 1045.
Buy Sandesh Ltd above 187.50 for target 200 and above
Buy Bharat gears if sustains above 67 for target 74.
Buy Blue Star at current levels with stop loss 208. Looking pretty good.
Buy IFCI at current levels for target 17.70 and 18.30
Buy NRC Ltd above 42.75 for target 47.50
Buy Pearl Global at current levels for target 172.00

Hold your long positions in (Price in brackets is the stop loss):
Orchid Chem(196.00) and Polaris(181.00).

Hold your short positions in (Price in brackets is the stop loss):
HLL(217.60) and Suzlon (1275.00).

Pease note that if no prices are mentioned in brackets then there is no stop loss reqiured currently. Stop losses would be provided at appropiate levels. Keep checking the stoplosses. It is updated everyday.

Disclaimer: The recommendations provided would be purely on my personal opinion and doesnot reflect any fund house interest or my personal holdings. I would not be responsible for the loss in trades undertaken based on my recommendations.

Trading Calls for 10Jan07

Nifty: 3911.40 -22.00 Points Sensex: 13566.33 -85.82 Points

FII Activity:
Cash Segment: 361.03 crores net sellers
Index Futures: 200.95 crores net buyers
Stock futures: 166.76 crores net sellers

Advance Decline ratio: 347:656

Outlook for 10 Jan 07:
Like yesterday’s outlook, today also the previous low of 3895.00 is crucial for intraday trend of the market. The Nifty will take support at 3882.00 and 3853.00 and will face resistance at 3926.00 and 3963.00

Futures Trading Calls:

Sell HDFC Ltd below 1555.00 for target 1530.00 and 1490.00
Sell HDFC Bank Ltd at current levels for target 1000.00 and 963.00
Sell Maruti below 877.00 for target 867.00 and 857.00

Cash Market Calls:

Buy Cinevista Ltd above 28.80 for target 32.00 and 34.00
Buy DCM Shriram Cons above 128.60 for target 140 and above
Buy Godavari fertilizers above 109.00 with stop loss 100.60
Buy Sasken Communications above 630.00

Hold your long positions in (Price in brackets is the stop loss):
Orchid Chem(196.00) and Polaris(164.00).

Hold your short positions in (Price in brackets is the stop loss):
Bajaj Auto, HLL(217.60) and Suzlon (1333.00).

Pease note that if no prices are mentioned in brackets then there is no stop loss reqiured currently. Stop losses would be provided at appropiate levels. Keep checking the stoplosses. It is updated everyday.

Disclaimer: The recommendations provided would be purely on my personal opinion and doesnot reflect any fund house interest or my personal holdings. I would not be responsible for the loss in trades undertaken based on my recommendations.

Trading Calls for 09Jan07

Nifty: 3933.40 -50.00 Points Sensex: 13652.15 -208.37 Points

FII Activity:
Cash Segment: 787.63 crores net sellers
Index Futures: 798.87 crores net sellers
Stock futures: 325.82 crores net sellers

Advance Decline ratio: 506:488

Outlook for 09 Jan 07:
Yesterday’s correction was more than expected and the Nifty is sitting pretty over its 30 days moving average. The low of 3913.00 is very crucial. If markets trade decisively below this level then more correction is expected. The Nifty would take support at 3893 and 3868. It will face resistance at 3962 and 3979.

Futures Trading Calls:

Sell Reliance Communication at current levels with stoploss 447.00 for target 415.00
Sell SBI at current levels for target 1185.00

Hold your long positions in (Price in brackets is the stop loss):
Dr.Reddys(799.00), Orchid Chem(196.00) and Polaris(164.00).

Hold your short positions in (Price in brackets is the stop loss):Bajaj Auto, HLL(217.60) and Suzlon (1333.00).

Pease note that if no prices are mentioned in brackets then there is no stop loss reqiured currently. Stop losses would be provided at appropiate levels. Keep checking the stoplosses. It is updated everyday.

Disclaimer: The recommendations provided would be purely on my personal opinion and doesnot reflect any fund house interest or my personal holdings. I would not be responsible for the loss in trades undertaken based on my recommendations.

Trading Calls for 08Jan07

Nifty: 3983.40 -5.40 Points Sensex: 13860.52 -11.19 Points

FII Activity:
Cash Segment: 55.49 crores net buyers
Index Futures: 139.16 crores net sellers
Stock futures: 177.34 crores net sellers

Advance Decline ratio: 530:476

Outlook for 08 Jan 07:
We can observe that the markets are coming down inspite of the advance decline ratio is in the favour of advancing stocks. The correction is severe in large cap stocks than the mid and small cap stocks. The global markets are showing signs of weakness and is also affecting the Indian markets. The Nifty will take support at 3962.00 and 3951.00 and will face resistance at 4006 and 4016. The level of 3977.00 is crucial for the intraday trend.

Futures Trading Calls:

Buy HDFC Ltd above 1640.00 for target 1666.00
Buy HPCL at current levels for target 311.00

Sell Ashok Leyland below 45.20 for target 44.30 and 43.75
Sell Bajaj Auto below 2760.00 for target 2700.00 and 2640.00

Cash Calls:

Buy Rain Calcing above 56.50

Hold your long positions in (Price in brackets is the stop loss):
Ashok Leyland(45.20), Bharti(624.00), Dr.Reddys(799.00), India Cements(231.00), Jet Airways(630.00), Orchid Chem(196.00), Polaris(164.00) and Punj Lloyd(1016.00).

Hold your short positions in (Price in brackets is the stop loss):
HLL(217.60) and Suzlon (1333.00).

Pease note that if no prices are mentioned in brackets then there is no stop loss reqiured currently. Stop losses would be provided at appropiate levels. Keep checking the stoplosses. It is updated everyday.

Disclaimer: The recommendations provided would be purely on my personal opinion and doesnot reflect any fund house interest or my personal holdings. I would not be responsible for the loss in trades undertaken based on my recommendations.

Trading Calls for 05Jan06

Nifty: 39988.80 -35.25 Points Sensex: 13871.71 -143.21 Points

FII Activity:
Cash Segment: 231.16 crores net sellers
Index Futures: 698.07 crores net sellers
Stock futures: 21.77 crores net sellers

Advance Decline ratio: 5:4 536:451

Outlook for 05 Jan 07:
The markets are back to its usual trading volumes. It is also showing signs of correcting. Yesterday’s low crucial for future trend of the market. If Nifty sustains below 3970 then expect a correction of close to 100-150 points. The Nifty should take support at 3962, 3935 and 3914. It should face resistance at 4000, 4020 and 4040.

Futures Trading Calls:
Sell Bharti Airtel below 624.00 for target 614.00 and below
Sell BHEL below 2265.00 for target 2238.00 and 2198.00
Sell Satyam Comp if sustains below 499.00 for target 484.00
Sell SBI if sustains below 1240.00 for target 1185.00
Sell Bank Nifty if sustains below 5990.00 for target 5940.00 and 5880.00

Cash Calls:
Buy Pantaloon retail above 495.50 for target 540 and above.
Buy Subex Azure above 732.00 for target 750 and 785.

Hold your long positions in (Price in brackets is the stop loss):
Ashok Leyland(41.00), BEL(1316.00), Bharti(624.00), Dr.Reddys(799.00), India Cements(231.00), Jet Airways(630.00), Orchid Chem(196.00), Polaris(164.00), Punj Lloyd(1030.00) and STAR(361.00).

Hold your short positions in (Price in brackets is the stop loss):
HLL(221.00) and Suzlon (1333.00).

Pease note that if no prices are mentioned in brackets then there is no stop loss reqiured currently. Stop losses would be provided at appropiate levels. Keep checking the stoplosses. It is updated everyday.

Disclaimer: The recommendations provided would be purely on my personal opinion and doesnot reflect any fund house interest or my personal holdings. I would not be responsible for the loss in trades undertaken based on my recommendations.

Trading calls for 04Jan07

Nifty : 4024.05 +19.65 Points Sensex : 14014.92 +71.68

There is nothing much to write about FII activity as the FIIs are not back from their holiday and the volumes are very much below average.

Advance Decline ratio : 5:3

Outlook for 04 Jan 07:
The markets are trading with very low volumes and can turn anyside, but presently it is looking upward and might continue to do so till the result season starts. For today the Nifty will take support at 4004 and 3960 and will face resistance at 4042 and 4076.

Futures Trading Calls:

Buy Canara Bank above 293.00 for target 297.00 and 307.00
Buy Cipla above 261.00 for target 266.00 and 273.00
Buy GMR Infra above 389.50 for target 401.00
Buy Maharastra seamless at current levels with stoploss 485.00 for target 504.00 and above
Buy Ranbaxy above 420.00 for target 427.00 and 440.00

Sell ACC below 1065.00 for target 1035.00 and below.

Cash Calls:

Buy Geodesic Info Systems above 213.00 for target 240.00

Hold your long positions in (Price in brackets is the stop loss):
Ashok Leyland(41.00), BEL(1307.00), Bharti(610.00), Dr.Reddys(799.00), India Cements(226.00), Jet Airways(630.00), Orchid Chem(196.00), Polaris(164.00), Punj Lloyd(1030.00), Satyam(509.00) and STAR(361.00).

Hold your short positions in (Price in brackets is the stop loss):
HLL(221.00) and Suzlon (1333.00).

Pease note that if no prices are mentioned in brackets then there is no stop loss reqiured currently. Stop losses would be provided at appropiate levels. Keep checking the stoplosses. It is updated everyday.

Disclaimer: The recommendations provided would be purely on my personal opinion and doesnot reflect any fund house interest or my personal holdings. I would not be responsible for the loss in trades undertaken based on my recommendations.

Trading calls for 03Jan07

Nifty : 4007.40 +41.00 Points Sensex : 13942.24 +155.33

There is nothing much to write about FII activity as the FIIs are not back from their holiday and the volumes are very much below average.

Advance Decline ratio : 3:1

Outlook for 03 Jan 07:
The markets are trading with very low volumes and can turn anyside, but presently it is looking upward and might continue to do so till the result season starts. For today the Nifty will take support at 3965 and 3934 and will face resistance at 4039 and 4083. The level of 4000 is crutial for determining the trend of the markt for today.

Futures Trading Calls:

Buy Cummins India at current levels for intraday target of 292.00
Buy Orchid Chem above 206.00 for target of 213.50
Buy Punj Lloyd above 1085.00 for target of 1125.00 with SL of 1030.00
Buy Satyam Comp above 515.00

Cash Calls:

Buy JB Chem and Pharma above 99.40 for target 105.00 and 110.00
Buy Orient Paper above 615.00 for target 634.00 and 655.00

Hold your long positions in (Price in brackets is the stop loss):
Ashok Leyland(41.00), BEL(1244.00), Bharti(610.00), Dr.Reddys(786.00), India Cements(226.00), Jet Airways(590.00), Polaris(164.00), Satyam(470.00) and STAR(338.00).

Hold your short positions in (Price in brackets is the stop loss):
HLL(233.00) and Suzlon (1333.00).

Pease note that if no prices are mentioned in brackets then there is no stop loss reqiured currently. Stop losses would be provided at appropiate levels. Keep checking the stoplosses. It is updated everyday.

Disclaimer: The recommendations provided would be purely on my personal opinion and doesnot reflect any fund house interest or my personal holdings. I would not be responsible for the loss in trades undertaken based on my recommendations.

Wish you all a very happy and prosperous New Year 2007.

Let this year bring more joy and money to everybody. Let the God give us the strenght to withstand the ups and downs in this volatile Indian stock market and prosper.